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Minchanka [31]
3 years ago
14

Last year, Stephen Company had 20,000 units in its ending inventory.

Business
1 answer:
astra-53 [7]3 years ago
8 0

Answer:

D) 19,520

Explanation:

The company uses a last-in-first-out (LIFO) inventory flow assumption. Given these facts, the number of units of product in the beginning inventory last year must have been:D) 19,520

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